Toy Stocks: Doing Fine With or Without Black Friday

Includes: HAS, MAT
by: Mobile Guru

As everyone awaits retail sales results for this weekend, two stocks have been hitting highs for the year. Even though both are highly dependent on retail sales both Hasbro (NASDAQ:HAS) and Mattel (NASDAQ:MAT) seem to be doing just fine without any indication of what Black Friday will bring. Is this perhaps a reflection of the fact that if most people are going to be spending more in general this year then they are most likely going to be spending even more on their children? Probably. At least investors seem to think toy stocks are a place to invest these days.

What are some of the hot toys this winter? How about Kung Zhu Battle Hamsters, Kinect for XBox or Justin Bieber Singing Dolls? Of course many Hasbro action figures such as Star Wars and Transformers will be very popular along with Mattel's Hot Wheels cars.

If stock price is any indication of future sales, then toys are going to be flying off the shelves this year.

Disclosure: No Positions